Ask Sallie: What Has Marriage Taught You About Money? (Video)

By Sallie Krawcheck

Sallie isn’t afraid to tell other people what happened in her first marriage — and what it taught her about money. Here’s what she wants you to know.

Sallie’s answer:

Oh my gosh. So … I was in love. I was young. We were … in love, and we got married, and we were young, and … he managed the money because that’s what “good Southern girls” had their husbands do. And he … had an affair with a friend of mine, and ... oh, it was so bad. It was so bad.

So the lesson I learned is, take care of your own money. We women live longer than men do. Half of marriages end in divorce. That means the majority of us — the vast majority of us — die single. So getting your arms around your money at an early age is a smart thing to do. I don’t care how much in love you are.


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Sallie Krawcheck

Sallie Krawcheck is the Founder & CEO of Ellevest.